BBC: Ofcom says BSkyB bid must be referred

The BBC’s Business Editor Robert Peston says the Ofcom report to Jeremy Hunt the Culture Secretary recommends News Corp’s proposed takeover of BSkyB should be referred to the Competition Commission.

Ofcom handed its report into the Department of Culture of Media and Sport on December 30th and speculation has been widespread that it ‘plays safe’ and recommends referral. Peston says his sources confirm this.